BORDER trade between Myanmar and its neighbours during the October-December quarter amounted to more than US$2 billion, down by $71 million, or 3.2 percent from the same period in 2017, according to the Ministry of Commerce. The fall was mainly due to a $563 million drop in trade value at the China-Myanmar border to just […]
Read MoreMANILA, Philippines — Credit ratings of five Philippine banks are in danger after they were exposed to what could be the biggest corporate default in Philippine history, as this could mean higher credit costs and reduction in profit, Moody’s Investors Service said. The Philippine unit of South Korean shipbuilder Hanjin last week filed for court […]
Read MoreDEVELOPERS in Singapore sold 602 private homes in December last year, about half the 1,201 units moved in November. However, December’s tally was about 40 per cent higher the 431 units booked from the corresponding month a year ago. Of the 602 units sold, 16 were in the core central region (CCR), 293 were in the […]
Read MoreSmoking has long been a habit in Indonesia that does not only involve adults but also affects minors, including elementary school students, and has led to swelling healthcare spending for smoking-related diseases. However, policy makers are reluctant to address the issue and are defending the cigarette business, critics say. President Joko “Jokowi” Widodo’s decision not […]
Read MoreIN ITS FIRST move as this year’s Asean chair, Thailand is pushing for a cohesive regional industrial 4.0 development plan and to implement guidelines on non-tariff measures across the region. Thailand’s aim is to drive the region forward by laying emphasis on the development of industry 4.0 under the main theme of “advancing partnership for […]
Read MoreAiming to reduce freight costs in the country, the Ministry of Public Works And Transport is considering building a logistics centre in Phnom Penh to make multimodal transportation more seamless. The project, now being reviewed by the Ministry of Public Works in collaboration with the Asian Development Bank, seeks to enhance connectivity between roads, waterways, […]
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